Arbitrum, or
ARB Coin, has shown a volatile performance in the market. Price predictions of ARB are varied with some foreseeing the potential for a
breakout above $0.44 and an upside target of $1.50 and $2.00. The crypto also displays a strong reversal after forming a critical pattern. It has gained attention after being mentioned as one of the supported chains for
PayPal's $850M PYUSD stablecoin.
More bullish momentum is expected if the crucial support zones at $0.35 survive. On-Chain growth and certain
technical patterns like the W-bottom breakout and cup-and-handle, have hinted at a rally towards $0.95. The same breakout scenario is seen with a target price of $2 as the crypto's
Total Value Locked (TVL) reaches new highs. However, a potential setback is expected as some analysts anticipate the price to fall to $0.34.
A boost for ARB might be its
integration with PayPal's PYUSD and a dramatic increase in on-chain activity. Yet, the coin's price struggles below $0.50 due to bear pressure on key support zones. The rest shows the ARB could be listed on
Robinhood which might give the coin its needed turnaround since it currently displays weak structure. Despite these hurdles, ARB is seen to be showing a significant increase in usage metrics and therefore, may hit the $1.00 mark soon.
ARB Coin News Analytics from Mon, 07 Jun 2021 13:30:59 GMT to Wed, 26 Nov 2025 03:30:44 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor -3
